In this episode of Roadmap to Retirement, I’m joined by Dana DeLuca to break down what long-term care insurance is, why Medicare won’t cover it, and what care can cost—from in-home help to assisted living and nursing homes. We compare three main options—traditional standalone long-term care, life insurance with an accelerated death benefit rider, and hybrid/linked-benefit policies—plus how underwriting and premiums differ. We also discuss the risks of self-insuring, Medicaid limitations, and ways to make coverage more affordable.
New episodes coming soon!
Podcast: Play in new window | Download
Subscribe! Amazon Music | Pandora | iHeartRadio | Podchaser | Podcast Index | RSS | More